Bankroll Management Poker Strategy
Defining a Bankroll Your bankroll is essentially the amount of money you have set aside to play poker. What is Bankroll Management Therefore, bankroll management (BRM) is the method by which a poker player manages his or her bankroll. However, it is more than just that. Bankroll management is a…
Basic NLHE Poker Odds and Probabilities
Introduction to Poker Odds and Probabilities There are numerous odds and probabilities to learn in the game of Texas Holdem, which are essential poker strategies to understand. Below are some basic and essential pre-flop and flop odds and probabilities to learn. Pre-Flop Odds Hand Probability Two Suited Cards 3.25:1 (24%)…
Introduction to Hand Ranges in Poker
Introduction We utilize the concept of hand ranges when we’re trying to determine what possible hands our opponents can have in any particular poker hand. We use ranges because it’s much easier to put our opponents on a range of hands rather than on a particular hand. Why’s that? Because…
Understanding and Embracing Variance in Poker
Introduction Many people involved in poker will have heard the term variance as it is thrown around a lot, but many people do not always understand what it actually is. As we all know, poker is a game of statistical distribution; every hand we play is at the mercy of…
Understanding Win Rates in Poker
Introduction When playing cash game poker, a critical concept to understand is your win rate. Your win rate is essentially the average amount of money you win over a set period of time, similar to an hourly wage at a job. Moreover, your win rate is the metric in which…